Transaction Equity definition

Transaction Equity means, with respect to any day, a number of shares of the Shares equal to the sum of (i) the Counterparty Share Amount for such day (determined using the Closing Price for such day and assuming an Unwind Period of one day) and (ii) the number of shares of the Shares held by Citibank or its affiliates on such day to hedge other transactions with Counterparty as counterparty.
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Transaction Equity means, with respect to any day, a number of Common Shares equal to the sum of (i) the Counterparty Share Amount for such day (determined using the Closing Price for such day and assuming an Unwind Period of one day) and (ii) the number of Common Shares held by Citibank or its affiliates on such day for other transactions with Counterparty.
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Examples of Transaction Equity in a sentence

  • The amount of the Sale Bonus (if any) that may become payable to Recipient shall be determined based on the Sale Bonus amount corresponding to the amount of the Transaction Equity Value in accordance with the schedule set forth below.

  • Subject to the conditions set forth in Section 3 hereof, the Sale Bonus shall be paid to Recipient within 30 days following the date of consummation of the Alithya Transaction based upon the Transaction Equity Value determined as if the date of the Alithya Transaction.

  • The Compensation Committee shall make all determinations necessary or appropriate to determine the amount of the Transaction Equity Value and the amount of the Sale Bonus.

  • For avoidance of doubt, Employee shall also retain the Transaction Bonus and the Transaction Equity Award following a termination in accordance with this Section 4.9(a).

  • For avoidance of doubt, Employee shall also retain the Transaction Bonus and the Transaction Equity Award following a termination in accordance with this Section 4.10(a).

  • A "Partial Termination Event" shall occur if on any day (i) the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day or (ii) the Net Transfer Balance for such day exceeds the Available Common Shares for such day, in each case determined on an aggregate basis for all outstanding Transactions.

  • The -------------------------------------------- Borrower will make prepayment on the Revolving Loans and/or to a cash collateral account in respect of LOC Obligations in an amount equal to one hundred percent (100%) of the Net Proceeds received from any Debt Transaction, Equity Transaction or Securitization Transaction (other than the Excluded Securitization Transaction).

  • The Transaction Equity Award will be issued pursuant to an award agreement in TKO’s applicable form at the time of grant (the “Transaction Equity Award Agreement”).

  • For purposes of this Agreement any Transaction, Equity Financing or Business Combination shall be a “Fee Transaction”.

  • For avoidance of doubt, Employee shall also retain the Transaction Bonus and the Transaction Equity Award following a termination in accordance with this Section 4.2. The amounts in clause (a) above shall be paid in a lump sum within thirty (30) days after the date of Employee’s termination of employment and the amount in clause (b) above shall be paid on or prior to the first Payroll Date following the end of the Term.